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Wal-Mart and American Express To Introduce Prepaid Card Deal (WMT, AXP)

World’s biggest retail chain, Wal-Mart Stores Inc. (NYSE: WMT) announced on Monday that it will soon introduce a prepaid card in partnership with American Express Company (NYSE: AXP), a move which would allow its low income consumers to access services such as smartphone deposits.

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Pier 1 Imports Q2 Earnings Rise (PIR)

Pier 1 Imports (NYSE: PIR) reported on Thursday that its fiscal second-quarter earnings climbed 58% as decorative home furnishings and gifts retailer’s sales soared even as it received income tax benefit.

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Berkshire Hathaway Q2 Earnings Drop (BRK.A)

Warren Buffett’s investment company Berkshire Hathaway Inc. (NYSE: BRK.A) reported a decline in its second-quarter earnings due to a loss on its derivative holdings.

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Berkshire Hathaway Acquires 63 Newspapers from Media General (BRK.A, GM, WMT)

Warren Buffett’s investment company Berkshire Hathaway (NYSE: BRK.A) has agreed to acquire 63 newspapers from Media General Inc., making it BRK.A’s largest foray into newspapers.

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Warren Buffett is Buying Amid Market Dip (BRK.A, WMT, AVP)

Billionaire investor Warren Buffett said in an interview this week that Berkshire Hathaway Inc. (NYSE: BRK.A) is adding to its shareholdings of two companies amid the market dip. Buffett also forecast record results for Berkshire’s largest non-insurance businesses.

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